Central African countries to set up stock exchange

Central African countries are planning to set up a stock exchange to drain and enhance the inflow of foreign capital, bolster the region's trade exchange and economic cooperation.

To this end, the finance experts from the six member countries of the economic community of Central Africa -- Cameroon, Congo-Brazzaville, Chad, Gabon, Equatorial Guinea and Central African Republic -- gathered recently at the Cameroonian capital to review technical and legal modes of setting up the project.

The Central African experts also discussed the benefits of such a stock market on regional African economies.